Thanks for visiting Capital Advisor. I frequently update this blog to cover various topics on personal finance such as investment strategies, financial products that you should buy and ones that you really should stay away from, financial calculators, emerging themes such as early retirement and financial independence, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.
Seventymm is a name you might not have heard about. It’s a new company in Bangalore with an interesting service – online movie rentals! Seventymm offers over 10,000 movie titles – on high quality DVD/VCD media and searchable online – for your viewing pleasure. The movies are delivered to your doorstep and even picked-up after you are done watching them. There’s no late fee and no due date. This is how the system works.
What do you have to do?
You need to pick a membership plan and a login/password. You could go for the Basic Plan which costs INR 199 a month and has a cap of 4 movies per month. Or else, choose the Unlimited Plan which costs INR 549 a month and has no limit on the number of movies per month. These prices are applicable up to 30th May 2006. Beyond that the rates move up 50 rupees to INR 249 and INR 599 per month respectively. However, you need to pay a registration fee of INR 499 and a refundable deposit of INR 2000. (I think this is where the plan goes wrong.)
Would you pay over 2500 rupees for this service? I wouldn’t.
Seventymm Services Pvt. Ltd.
#2, Bugle Rock Road
Bangalore – 560004
Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.